HRW: Israel banks financing settlements

Israeli banks are violating international law by become directly involved in settlement development projects in the occupied West Bank that “contribute to human rights abuses,” Human Right Watch said in a new report published Tuesday.

The European Commission has adopted new guidelines for the labeling of products from Israeli settlements. rights," HRW’s country director for Israel and the Palestinian Territories Sari Bashi tells.

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(HRW) – Most of Israel’s largest banks are providing services that help support, maintain, and expand unlawful settlements by financing their construction in the occupied West Bank. The 41-page report, " Bankrolling Abuse: Israeli Banks in West Bank Settlements ," details new research on the scope of banking activities in settlements and the violations to which these activities contribute.

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2018-05-29  · JERUSALEM – Israeli banks are helping build West Bank settlements in violation of international law by providing financial services to home buyers.

"Israeli banks are financing settlement construction and facilitating settlement expansion as a matter of choice, not because they are somehow required to do so under domestic law," said Sari Bashi, Israel and Palestine advocacy director at Human Rights Watch.

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To Israeli Banks. Stop providing services in or to settlements, including financing construction projects, providing mortgage loans and loans to local authorities, and operating bank branches and ATMs in settlements. Refrain from opening new branches in settlements and take the necessary steps to close existing branches.

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2016-12-29  · UN vote against Israeli settlements boosts FIFA pressure: hrw.. hrw’s Israel advocacy director. More than 400,000 Israelis now live inside the West Bank, in settlements.

"Israeli banks are financing settlement construction and facilitating settlement expansion as a matter of choice, not because they are somehow required to do so under domestic law," said Sari.

JERUSALEM (Reuters) – The director of the Israeli office. serious abuses in Israeli settlements risk being barred from Israel and the Israeli-occupied West Bank," said Tom Porteous, deputy program.